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![vartcall Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1643182429186711553.png) vartcall [@vartcall](/creator/twitter/vartcall) on x XXX followers
Created: 2025-07-28 13:20:25 UTC

4/ How is token price formed on CEXs?

Initial price is agreed upon during listing negotiations.

After that, price is controlled by the order book.

Users place buy/sell orders at desired prices. When they match, a trade is executed, setting the current market price.

Price = Real-time reflection of demand vs supply

![](https://pbs.twimg.com/media/Gw8mMbdWoAAYmbC.jpg)

X engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1949822253455007974/c:line.svg)

**Related Topics**
[realtime](/topic/realtime)
[listing](/topic/listing)
[exchanges cexs](/topic/exchanges-cexs)
[token](/topic/token)

[Post Link](https://x.com/vartcall/status/1949822253455007974)